Living with deflation, Developing sustainable capital markets
Tuesday 8 October 2019 – Vol.10 Ed.41.1
Commentary: Living with deflation
By Neil Williams in London
The likelihood of Japan-style deflation emerging in other parts of the world is increasing, though this is more a process – a ‘crack in the ice’ – than a ‘cliff-edge’ event. And while it may not involve a general downturn in living standards – Japan remains a prosperous G3, $5tn economy (almost twice the size of the UK’s) – the main...